The Nigeria Export Processing Zones Authority (NEPZA) has ordered stricter compliance with regulations governing transactions in Free Trade Zones, warning operators against illegal importation of containers and other breaches of established procedures.
The Authority said it was strengthening its enforcement measures to protect the integrity of the Free Trade Zone system and ensure a fair and transparent trading environment.
Olufemi Ogunyemi, Managing Director and Chief Executive Officer of NEPZA, stated this in Abuja, according to a statement issued by Martins Odeh, Authority’s Head of Corporate Communications on Tuesday.
Ogunyemi said the operating licence granted to Free Trade Zone operators was a legal instrument carrying obligations that must be respected by all businesses operating within the zones.
He said the Authority would, with immediate effect, intensify its enforcement against alleged illegal importation of containers into controlled areas.
According to him, the measures will include intensified inspections, closer scrutiny of documentation, coordinated action with relevant enforcement agencies and full application of penalties prescribed by law.
‘Operators who circumvent lawful import and export procedures, mis-declare goods, or attempt to move containers through unauthorised channels should be in no doubt that such conduct will be identified and met with decisive regulatory action,’ he said.
The NEPZA boss explained that the measures were aimed at protecting the integrity of the Authority’s systems, safeguarding public interest, ensuring a level playing field and maintaining the standards required by legitimate businesses.
He warned that illegal importation undermines lawful commerce, exposes communities to unregulated goods and erodes public confidence in the Free Trade Zone system.
Ogunyemi, however, assured operators that NEPZA would continue to handle regulatory matters with fairness, justice and transparency.
He said operators found culpable would face the consequences provided under Nigerian law, while businesses not involved in any violation would be allowed to continue their operations without unnecessary disruption.
The NEPZA chief executive also acknowledged the contribution of compliant operators to the economy, noting that the majority of businesses in the sector conduct their activities honestly, meet their obligations and contribute to a well-regulated trade environment.
‘The diligence and integrity of the majority of our operators deserve recognition, not suspicion,’ he said.
Ogunyemi stressed that the activities of a minority should not overshadow or discredit the achievements of compliant operators, adding that the strengthened enforcement measures were specifically targeted at those who violate established rules.
He further disclosed that he had encouraged operators and the various zones, both directly and through their association, to strengthen self-policing mechanisms.
According to him, the Free Trade Zone scheme continues to generate significant revenue for the government, making it necessary for the Federal Government, its agencies and operators to work together to prevent activities that could undermine the sector’s achievements.